Voletta Wallace Net Worth

Introduction

Voletta Wallace is a name synonymous with the legendary rapper, The Notorious B.I.G. She is the mother of the late rapper, whose real name was Christopher Wallace. Despite the heartache and immense grief that came with losing her son at such a young age, Voletta has been able to build an impressive net worth over the years. In this article, we will take a closer look at her life, career, and earnings. From her personal life to her professional accomplishments, this article will delve deep into the world of Voletta Wallace.

What is Voletta Wallace’s Net Worth and Salary?

Voletta Wallace’s net worth is estimated to be around $20 million as of 2023. Much of her wealth comes from her late son’s estate. She has been recognized by the music industry for her tireless efforts to preserve her son’s legacy. Voletta has also worked on several projects in the entertainment industry, including music, television, and film. These ventures have contributed significantly to her wealth over the years.

Early Life and Education

Voletta Wallace was born on May 15, 1953, in Jamaica. She spent her early years on the island until she migrated to the United States in the late 1960s. In America, she settled in Brooklyn, where she started her journey as a single mother. Despite her challenging circumstances, Voletta was determined to give her son, Christopher, a stable and loving home.

Career

Voletta Wallace’s career started when she took on the daunting task of preserving her son’s legacy. Christopher Wallace, famously known as The Notorious B.I.G, was a hugely successful rapper, with several platinum albums under his belt. Unfortunately, he was gunned down in 1997, cutting short his promising career. After his death, Voletta set out to ensure that her son’s name would not be forgotten.

She collaborated with several individuals in the entertainment industry to keep her son’s music alive. She has worked on several documentaries and films that chronicled her son’s life and career, such as “Notorious” and “Biggie: The Life of Notorious B.I.G.” She also oversaw the release of several albums featuring her son’s music, including the posthumous album “Born Again.”

Personal Life

Voletta Wallace had a tumultuous personal life, marked by heartache, loss, and tragedy. She was married to Selwyn Jones at the time of her son’s birth, but the marriage ended in divorce. Following the death of her son, Voletta has faced numerous challenges, including health problems that have made her slow down in recent years.

Illness and Death (if this person was die)

Voletta Wallace is still alive, but she has faced several health challenges over the years. In 2013, she underwent surgery to treat a blockage in her heart. She has also faced other health issues, which have made it difficult for her to maintain an active role in the entertainment industry.

Real Estate

Voletta Wallace has in the past decade acquired several properties in New Jersey and New York City, according to public records. In 2014, she bought a $1.6 million home in Tenafly, New Jersey. She also owns a property in the Clinton Hill neighborhood of Brooklyn, where her son grew up.

Legacy

Voletta Wallace is known for her tireless efforts to preserve her son’s legacy. She is the founder of the Christopher Wallace Memorial Foundation, which supports educational initiatives and artistic programs for young people. She has also been recognized by several organizations for her contributions to the music industry.

Frequently Asked Questions (FAQs)

1. How did Voletta Wallace become wealthy?

Voletta Wallace became wealthy through her son’s estate and her contributions to the entertainment industry. She has worked on several projects, including music albums, TV shows, and movies, which have contributed to her net worth.

2. What is the Christopher Wallace Memorial Foundation?

The Christopher Wallace Memorial Foundation is a charitable organization founded by Voletta Wallace. The foundation supports educational and artistic programs for young people.

3. How did Voletta Wallace preserve her son’s legacy?

Voletta Wallace collaborated with several individuals in the entertainment industry to keep her son’s music alive. She has worked on several documentaries and films that chronicled her son’s life and career. She also oversaw the release of several albums featuring her son’s music, including the posthumous album “Born Again.”

4. What kind of health problems has Voletta Wallace faced?

Voletta Wallace underwent surgery in 2013 to treat a blockage in her heart. She has faced other health issues, which have made it difficult for her to maintain an active role in the entertainment industry.

5. Why did Voletta Wallace acquire several properties?

Voletta Wallace has acquired several properties in the past decade. Some reports suggest that she sought to invest her wealth in real estate. She owns properties in New Jersey and New York City.

6. What awards has Voletta Wallace won?

Voletta Wallace has been recognized by several organizations for her contributions to the music industry. She has won several awards, including the BMI R&B/Hip Hop Awards’ “Social Star Award” in 2016 and the BET Hip Hop Awards’ “I am Hip Hop” Icon Award in 2020.

7. What is Voletta Wallace’s relationship with Faith Evans?

Faith Evans was married to The Notorious B.I.G at the time of his death. Voletta Wallace has had a contentious relationship with Faith but seems to have buried the hatchet over the years. They have collaborated on several projects, including the film “Notorious.”

8. What is Voletta Wallace’s involvement in the Notorious B.I.G biopic?

Voletta Wallace was involved in the making of the 2009 biopic “Notorious.” She served as an executive producer for the film, which chronicled her son’s life and career. The film was based on her book, “Biggie: Voletta Wallace Remembers Her Son, Christopher Wallace, aka Notorious B.I.G.”